Citigroup said its fourth-quarter profit rose 7% as its trading desk benefited from the uncertainty caused by Donald Trump's election in November.
Dow component Goldman Sachs reported 4Q profit of $5.08 per share, topping the estimate for $4.82. Revenue of $8.17 billion also topped the estimate for $7.72 billion.
Strange Inheritance season three kicks off Friday at 10pm ET. Fox Business Network’s very own reality show looks at the quirkiest, bizarre, most valuable things people have inherited and the stories behind them.
Goldman Sachs Group Inc reported a nearly four-fold rise in quarterly profit on Wednesday as it benefited, like other big banks, from a surge in trading following Donald Trump's surprise win in November's presidential election.
Citigroup Inc reported a 7 percent rise in quarterly profit, wrapping up a strong quarter for big U.S. banks, as trading in bonds and currencies surged following the U.S. presidential election.
Citigroup Inc reported a 7 percent rise in quarterly profit on Wednesday, wrapping up a strong quarter for big U.S. banks, as trading in bonds and currencies surged following the U.S. presidential election.
The bull case for owning CVS Health's shares continues to look strong.
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Citigroup Inc. said Wednesday it had net income of $3.57 billion, or $1.14 a share, in the fourth quarter, up from $3.34 billion, or $1.02 a share, in the year-earlier period.
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By Gary Stringer, Kim Escue and Chad Keller, Stringer Asset Management We have increased our forecast for U.S. economic growth in 2017 as expansionary fiscal policy will likely fuel inflationary pressures, thus adding to our expectations of increased productivity and consumer spending. When creating our market expectations, we focus on nominal GDP (NGDP), which is…
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As the competition for more mature chip manufacturing technologies heats up, TSMC isn't standing still.
With coverage for millions of people at stake, Rep. Tom Price is facing pointed questions about President-elect Donald Trump's health policies — and his own investments in health care companies — from senators considering his selection as health secretary.
Citigroup Inc. (C) on Wednesday reported fourth-quarter profit of $3.57 billion.
As market participants anticipate multiple interest rate hikes by the Federal Reserve this year, fixed-income investors are shifting into senior secured floating-rate bank loans and related exchange traded funds to hedge against rising rate risks. A rising interest rate would negatively affect bond funds as newer debt securities would come with a higher rate, making…
Shares bounced between sharp losses and big gains as the company went through a major shift in business models.
Target Corp. shares slid about 5% in premarket trade Wednesday, after the retailer cut its fourth-quarter sales and profit guidance following weaker-than-expected holiday sales.
Kelly Ripa, singer Wyclef Jean and soccer pro Carli Lloyd are among the 15 newest members of the New Jersey Hall of Fame.
7-Eleven is offering a breakfast pizza.
Luxury goods maker Burberry says retail sales rose in the three months including the critical Christmas season, as improved results in Asia helped reverse recent declines.
Goldman Sachs Group Inc. (GS) on Wednesday reported fourth-quarter net income of $2.35 billion.
Shares of CoLucid Pharmaceuticals Inc. soared 31% in premarket trade Wednesday, after the developer treatments for acute migraines agreed to be acquired by Eli Lilly & Co. for $960 million in cash.
Target is lowering its fourth-quarter profit and sales outlook after the discounter says it had sluggish holiday sales and traffic in its stores that offset a surging online business.
A group of French hoteliers and real estate agents has launched a lawsuit targeting accommodation-rental platforms, including Airbnb, arguing that their practices amount to unfair competition.
The Latest on Britain's decision to leave the European Union (all times local): 10:50 a.m.
Greece's privatization agency has signed a deal to sell the country's state-owned Trainose railway operator to Italian state's Ferrovie dello Stato Italiane for 45 million euros ($48 million).
Former U.S. President George H.W. Bush has been hospitalized, KHOU
Attorneys generals from six states, including New York's Eric Schneiderman, have sent a letter urging the Senate Judiciary Committee to reject the nomination of Sen. Jeff Sessions for attorney general.
The Latest on the World Economic Forum in Davos, Switzerland (all times local): 11:55 a.m.
Visiting British Foreign Secretary Boris Johnson says his country would like to forge a free trade agreement with India as it prepares to leave the European Union.
Hong Kong stocks closed at 2-1/2 month highs on Wednesday and rose above the psychologically key 23,000 level unseen in six weeks.